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S Banker St Effingham, IL 62401

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For Sale
$4,424,000

Development land zoned M-1 Light Industrial/B-2 Commercial available for sale.

Lot size:
91.00 Acres

Property Features for S Banker St

General Information

Lot size
91.00 Acres

Source: Marcus & Millichap | Indianapolis Agent Julia Evinger

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Prime Development Land For Sale

This property features 0.91 acres of development land zoned M-1 Light Industrial/B-2 Commercial, with a 1206' property border on a CN Class 1 Rail Line, offering potential for rail access. Located in an Enterprise Zone, available lots range from 1.95 to 71.3 acres, with negotiable lot sizes. Utility infrastructure includes a 12" water and sewer line, 69kV and 12kV lines, and a 300psi MAOP gas service line. The property is ideally situated along S. Banker St., which sees 12,200 vehicles per day. It is located north of the John Boos existing facility, across from the expanding Effingham Airport, and adjacent to additional city-owned land. The area boasts an extremely low industrial vacancy rate of 3.9% with 1.1% availability. Over 6 million square feet have been developed in the immediate area, including facilities for ADM, Pepsico, Sherwin Williams, Quad Graphics, and Flex-N-Gate. Effingham is interconnected with 75% of the U.S. population, major Canadian markets, and over 70 ports through its highways and Class 1 Rail Systems provided by Canadian National, CSX, and Union Pacific, as well as Effingham Railroad (Local Rail Service). The area has an AHHI income of $99,642 and a population of 27,638 within a 10-mile radius, with a daytime population of 34,756, representing a 26% increase. Effingham County attracts a skilled labor force of 175,000 individuals from 8 surrounding counties. The State of Illinois ranked #2 in the nation for corporate expansions & relocations in 2023, with 552 business expansions/relocation projects.
Location Intelligence

Current Use by Public Records

Commercial land

Map

City
Effingham
County
Effingham
State
Illinois
Longitude
-88.543905
Latitude
39.121726

FAQs

What type of property is this?
Land - Development land zoned M-1 Light Industrial/B-2 Commercial available for sale.
Where is this land located?
The property is located at S Banker St Effingham, IL.
What is the asking price?
The asking price for this property is $4,424,000.
What are key features of this property?
This property features: - 91 Acres of Development Land Zoned M-1 Light Industrial/B-2 Commercial with Negotiable Lot Sizes (1.95 AC - 71.3 AC).; - Located in an Enterprise Zone with Potential for Rail Access via a 1206' Property Border on CN Class 1 Rail Line.; - Excellent Location along S. Banker St. (12,200 VPD), near John Boos Facility and across from Expanding Effingham Airport.
More about this property
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